'News You Can Use...' from Dennis October 2008
Are You Motivated to Sell?
By Mark Fradl
It's a problem faced by a growing number of Americans—a house that just won't sell. The era of easy credit is drying up, especially for first time buyers. In markets with stagnant or even declining housing values, investors are shying away from purchasing a second or third home. So, if you're a frustrated seller where does that leave you? Hopefully, it leaves you motivated to work a little harder. There are a number of things you can do to improve your chances of selling, and with some ingenuity... Read More
The Secret of the Paint Strip
By Aariana Adams
If choosing interior wall paint is stressful, or if settling for beige—everywhere—is your solution, check out one of man's cleverest inventions: the paint strip.

The paint strip evolved from the color wheel and the paint fan deck. When these handy little multiple-hued paint samples showed up in paint and home improvement stores—free for the taking—"color" became an understandable dimension for every homeowner... Read More
Ceramic Tile: 'Outrageously'
Great for Outdoors

By ARA

Long gone are the days when homeowners were satisfied with a simple deck, a beat-up grill and some basic patio furniture. The "Outrage" trend brings living rooms, baths, home spas and full kitchens into the great outdoors.

Demand is high for building and decorating materials that blend luxury and beauty with durability and weather resistance. Appliances need to withstand climate changes and exposure to the elements. Furniture needs to be trendy, tasteful and able to stand up to Mother Nature. Flooring, in particular, must blend beauty and strength.

Ceramic tile, long favored for indoor areas that require a perfect balance of looks and durability, is emerging as a preferred outdoor building material. Ceramic tile transitions smoothly from indoor to outdoor living spaces, offering the ability to endure extreme temperature changes and other natural forces. Plus, new innovations in digital printing and gorgeously designed products from tile producers make it a popular design choice.

For ideas on how to incorporate ceramic tile into your "outrageous" outdoor living space, visit spaintiles.info.
Stage Your Bathroom
By Mary M. Alward
Most real estate agents will tell you that kitchens and bathrooms are the rooms that actually sell your home. Staging your bathroom is essential to appeal to prospective buyers. If you do a good job staging your bathroom, prospective buyers will remember it over those in other homes they have viewed.

Fixtures & Details - Be sure all fixtures are in good condition with no leaks or drips. If your plumbing fixtures are outdated, replace them with sleek modern fixtures. Stay away from brass fixtures, which were popular in the 1980s; instead, choose pewter or stainless steel.

Color & Décor - Color coordinate some fluffy towels with your bathroom color scheme and place them on the towel racks just before prospective buyers arrive. Add a matching bathmat, a floral arrangement and some floating candles in a pretty bowl... Read More
The Effect of Mortgage Fraud
By Summer Banks
In the debate over what went wrong in the housing market, the issue of mortgage fraud arose as a culprit in many foreclosure situations. Borrowers were given loans that they were unqualified to receive—many times without proper income verification.

In its simplest form, mortgage fraud occurs when a borrower lies about their income on a loan application in order to be approved for a larger loan amount. The lender unknowingly takes on a high-risk loan without benefiting from the higher interest rates associated with such loans.

Another example of mortgage fraud commonly occurs with investment properties. A borrower wants to obtain a mortgage to buy an investment property, but says the loan is for a property that they will occupy as their primary residence or as a second home. The borrower is able to get a lower interest rate for a property that they will occupy as their primary residence... Read More
Dennis H. Mogil  -  (607) 227-6422 'News You Can Use...' from Dennis  -  October 2008 

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Dennis H. Mogil, Howard Hanna Real Estate Services (formerly RealtyUSA), The Mary Stoe Team 2333 N. Triphammer Road, Ithaca NY 14850
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